The Zhitong Finance App learned that Société Générale strategist Albert Edwards, who has always been known for his extremely pessimistic market views and even calls himself a “giant bear,” compared this round of artificial intelligence (AI) investment boom to the economic bubble before the 1997 Asian financial crisis. He warned that large-scale capital expenditure may mask the current situation of weak productivity growth, raising questions about whether the AI boom can deliver on investors' high expectations.

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